Prudential Financial International Businesses — Policyholder Account Balance, Interest Expense remained flat by 0.0% to $302.50M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 28.3%, from $235.75M to $302.50M. Over 3 years (FY 2021 to FY 2024), International Businesses — Policyholder Account Balance, Interest Expense shows an upward trend with a 15.0% CAGR.
Higher interest expense may reflect higher crediting rates to remain competitive or growth in the underlying policyholder account balances.
The interest credited to policyholder account balances within the international segment, representing the cost of funds...
Commonly referred to as 'Interest Credited to Policyholder Accounts' by life insurance companies.
pru_segment_international_businesses_policyholder_account_balance_interest_expense| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $795.00M | $738.00M | $943.00M | $1.21B |
| YoY Change | — | -7.2% | +27.8% | +28.3% |